Last updated : 30 January 2004 By Editor
The Grauniad report:

‘Manchester United's two biggest shareholders John Magnier
and JP McManus have asked the club to investigate 13
transfers that have taken place under the management of Sir
Alex Ferguson. The Irish tycoons, through their Cubic
Expression company, have submitted a letter containing 99
questions, including transfer activity and the wages being
paid to the suspended Rio Ferdinand, to the club's board and
are awaiting responses.

‘Players whose transfers are under scrutiny are Ferdinand,
Juan Sebastián Verón, Jaap Stam, Massimo Taibi, David
Bellion, Laurent Blanc, Roy Carroll, Ronaldo, Tim Howard,
Diego Forlan, Jonathan Greening, Mark Wilson and Kleberson.

‘The letter states: "There is insufficient detail about
certain transactions and there is a lack of transparency in
relation to a number of material payments of significant
sums." Many of the transfers are believed to be connected
with the Elite agency, the company connected with Ferguson's
son Jason.

‘The letter adds: "What we cannot understand is the
necessity for the relative secrecy in which the agents
conduct their role and also the astonishing fees which have
been charged to the company on the completion of